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Home > Chapters > Canada > News Detail
  • Crosby Enterprises, LLC Announces Voluntary Chapter 11 Filings to Facilitate Financial Restructuring for Three Subsidiaries
    March 26, 2026
    Today, Crosby Enterprises, LLC (the "Company") announced that the Company filed chapter 11 cases for several of its subsidiary/affiliate units, Crosby Tugs, L.L.C., Crosby Dredging, L.L.C. and Crosby Marine Transportation, L.L.C., in the U.S. Bankruptcy Court for the Eastern District of Louisiana on March 23, 2026.
  • Corus Entertainment Receives Court Order to Proceed With Recapitalization Transaction Via CBCA
    March 26, 2026
    Corus Entertainment Inc. (“Corus” or the “Company“) (TSX: CJR.B) announced today that it has received an order from the Ontario Superior Court of Justice (Commercial List) to proceed with its previously announced recapitalization transaction (the “Recapitalization Transaction“), pursuant to a plan of arrangement under the Canada Business Corporations Act.
  • Versant Funds $1.4 Million Non-Recourse Factoring Facility to Manufacturer
    March 26, 2026
    Versant Funding LLC is pleased to announce that it has funded a $1.4 million non-recourse factoring facility to a manufacturer of equipment used by global auto companies.
  • Gordon Brothers Expands Broyhill with Three New Licensees
    March 26, 2026
    Gordon Brothers, the global asset experts, announced the expansion of Broyhill with three new licensees—Living Style, Bedding Industries of America and Town & Country Living—as part of the firm’s revitalization of the American heritage furniture brand.
  • MONTICELLOAM, LLC Finances $84MM For New York Skilled Nursing Facility
    March 26, 2026
    MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $84,000,000 in combined bridge and working capital financing to a skilled nursing facility in New York City.
  • Litigator Derek Smith Joins Barnes & Thornburg’s Esteemed Product Liability and Mass Torts Group
    March 26, 2026
     Barnes & Thornburg announced today the arrival of Derek Smith as a partner in the Litigation Department, a move that bolsters the firm’s Product Liability and Mass Torts practice and further expands the Chicago office following the addition of Elizabeth Davis earlier this month in the Corporate Department.
  • KBRA Analytics Launches Private Credit Benchmarking on Credit Intelligence Platform
    March 26, 2026
    KBRA Analytics, a leading provider of data, financial information, and credit analysis solutions, today announced the launch of Private Credit Benchmarking on its Credit Intelligence platform, delivering the market’s first borrower-level benchmarking solution built entirely on analyst-adjusted financial data.
  • Budderfly Expands Debt Facility to $550 Million to Scale its Energy as a Service Platform
    March 26, 2026
    Budderfly, one of the fastest growing energy companies in the U.S., today announced it has expanded its debt facility to $550 million to support continued growth of its Energy-as-a-Service (EaaS) platform. The facility includes a new $250 million upsizing led by Global Infrastructure Partners (GIP), a part of BlackRock, with participation from existing lender, Vantage Infrastructure.
  • First Horizon Bank Welcomes Meghan Donelon as Commercial Banking Group Manager in New Orleans
    March 26, 2026
    First Horizon Bank (NYSE: FHN) is pleased to announce that Meghan Donelon has rejoined its New Orleans Commercial Banking team as a Commercial Banking Group Manager, bringing extensive leadership experience and strong community connections to the organization.
  • Frezza Joins CohnReznick as Restructuring and Dispute Resolution Managing Director
    March 26, 2026
    CohnReznick, a leading professional services firm, today announced that Robert J. (“Bob”) Frezza has joined the firm as a Managing Director in its national Restructuring and Dispute Resolution practice. Frezza brings more than 25 years of restructuring leadership and experience advising companies, lenders, and other creditors in distressed situations both in and out of court.
  • Cipher Digital Announces Business Updates; Secures Revolving Credit Facility of Up To $200 Million
    March 25, 2026
    Cipher announced the closing of a revolving credit facility (the “Facility”). The Facility provides for up to $200 million of committed capacity with an additional accordion option of up to $50 million. Proceeds from the Facility will be used to enhance liquidity, support working capital, and fund growth initiatives.
  • Core Scientific Expands Strategic Financing Facility to $1 Billion with Additional $500 Million Commitment from J.P. Morgan
    March 25, 2026
    Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation, today announced that it closed an additional $500 million commitment provided by JPMorgan Chase Bank, N.A. under the accordion feature of the Company’s previously announced 364-day credit facility (the “Facility”).
  • Papke Joins CohnReznick as Transaction Advisory Managing Director
    March 25, 2026
    CohnReznick, a leading professional services firm, today announced that Nicholas Papke has joined the firm as a Managing Director in its rapidly growing Transaction Advisory practice. Papke joins the firm with extensive deal experience, having led more than 100 transactional advisory engagements since 2020.
  • Modern Bank (MBG) Closes Strategic Energy RBL Facility in Texas
    March 25, 2026
    MBG is pleased announce the successful closing of an Energy Upstream Reserve-based Revolving Line of Credit for a Houston, TX-based E&P company. With MBG acting as Lead Arranger for this clubbed facility, this transaction delivered critical debt capital, supported by a strong consortium of accredited investors, enabling the Borrower to acquire primarily operated natural gas properties and proved reserves across multiple counties in South Texas.
  • Gordon Brothers to Bring Cleveland’s Iconic 925 Euclid Avenue Building to Market
    March 25, 2026
    Gordon Brothers, the global asset experts, has been retained to lead the sale of the 925 Euclid Avenue building, a historic landmark office known as the Huntington Building. It is nearly 1.5 million square feet in the heart of downtown Cleveland’s central business district.
  • Monroe Capital Supports Edustaff’s Acquisition of E-Therapy
    March 25, 2026
    Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of E-Therapy by Edustaff, LLC (“Edustaff”), an existing portfolio company of PPC Enterprises, LLC.
  • Sallyport Commercial Finance Provides $125,000 A/R Financing to Support Growth in Pet Services
    March 25, 2026
    Sallyport Commercial Finance is proud to announce the completion of a $125,000 accounts receivable financing facility for a Florida-based pet services company providing cremation services for pets.
  • CyrusOne Upsizes and Extends $8.0 Billion in Loan Facilities to Support Strategic Growth and Sustainability Goals While Strengthening Liquidity Position
    March 24, 2026
    CyrusOne, a leading global data center developer and operator, today announced it has upsized its Revolving Credit Facility (“RCF”) and U.S. Term Loan (“USTL”) to approximately $8.0 billion in aggregate commitments and extended the maturity dates of both facilities.
  • BrightNight Announces First Close of Upsized Corporate Credit Facility
    March 24, 2026
    BrightNight, a next-generation power and digital infrastructure company with a 30 GW national portfolio, today announced the successful first closing of its upsized corporate credit facility. The Corporate Facility provides a maximum total commitment of up to $850 million, including up to $550 million for letters of credit, up to $200 million for equipment deposits and limited notice to proceed facilities, and $100 million in revolving credit capacity.
  • Turn Therapeutics Secures Up to $25 Million in Financing From Avenue Capital Group
    March 24, 2026
    Turn Therapeutics, Inc. (Nasdaq: TTRX), a clinical-stage dermatology company developing novel therapies for inflammatory skin diseases, today announced it has entered into a growth capital loan facility with Avenue Venture Opportunities Fund II, L.P., a fund of Avenue Capital Group, for up to $25 million.
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  • Crosby Enterprises, LLC Announces Voluntary Chapter 11 Filings to Facilitate Financial Restructuring for Three Subsidiaries
    March 26, 2026
    Today, Crosby Enterprises, LLC (the "Company") announced that the Company filed chapter 11 cases for several of its subsidiary/affiliate units, Crosby Tugs, L.L.C., Crosby Dredging, L.L.C. and Crosby Marine Transportation, L.L.C., in the U.S. Bankruptcy Court for the Eastern District of Louisiana on March 23, 2026.
  • Corus Entertainment Receives Court Order to Proceed With Recapitalization Transaction Via CBCA
    March 26, 2026
    Corus Entertainment Inc. (“Corus” or the “Company“) (TSX: CJR.B) announced today that it has received an order from the Ontario Superior Court of Justice (Commercial List) to proceed with its previously announced recapitalization transaction (the “Recapitalization Transaction“), pursuant to a plan of arrangement under the Canada Business Corporations Act.
  • Versant Funds $1.4 Million Non-Recourse Factoring Facility to Manufacturer
    March 26, 2026
    Versant Funding LLC is pleased to announce that it has funded a $1.4 million non-recourse factoring facility to a manufacturer of equipment used by global auto companies.
  • Gordon Brothers Expands Broyhill with Three New Licensees
    March 26, 2026
    Gordon Brothers, the global asset experts, announced the expansion of Broyhill with three new licensees—Living Style, Bedding Industries of America and Town & Country Living—as part of the firm’s revitalization of the American heritage furniture brand.
  • MONTICELLOAM, LLC Finances $84MM For New York Skilled Nursing Facility
    March 26, 2026
    MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $84,000,000 in combined bridge and working capital financing to a skilled nursing facility in New York City.
  • Litigator Derek Smith Joins Barnes & Thornburg’s Esteemed Product Liability and Mass Torts Group
    March 26, 2026
     Barnes & Thornburg announced today the arrival of Derek Smith as a partner in the Litigation Department, a move that bolsters the firm’s Product Liability and Mass Torts practice and further expands the Chicago office following the addition of Elizabeth Davis earlier this month in the Corporate Department.
  • KBRA Analytics Launches Private Credit Benchmarking on Credit Intelligence Platform
    March 26, 2026
    KBRA Analytics, a leading provider of data, financial information, and credit analysis solutions, today announced the launch of Private Credit Benchmarking on its Credit Intelligence platform, delivering the market’s first borrower-level benchmarking solution built entirely on analyst-adjusted financial data.
  • Budderfly Expands Debt Facility to $550 Million to Scale its Energy as a Service Platform
    March 26, 2026
    Budderfly, one of the fastest growing energy companies in the U.S., today announced it has expanded its debt facility to $550 million to support continued growth of its Energy-as-a-Service (EaaS) platform. The facility includes a new $250 million upsizing led by Global Infrastructure Partners (GIP), a part of BlackRock, with participation from existing lender, Vantage Infrastructure.
  • First Horizon Bank Welcomes Meghan Donelon as Commercial Banking Group Manager in New Orleans
    March 26, 2026
    First Horizon Bank (NYSE: FHN) is pleased to announce that Meghan Donelon has rejoined its New Orleans Commercial Banking team as a Commercial Banking Group Manager, bringing extensive leadership experience and strong community connections to the organization.
  • Frezza Joins CohnReznick as Restructuring and Dispute Resolution Managing Director
    March 26, 2026
    CohnReznick, a leading professional services firm, today announced that Robert J. (“Bob”) Frezza has joined the firm as a Managing Director in its national Restructuring and Dispute Resolution practice. Frezza brings more than 25 years of restructuring leadership and experience advising companies, lenders, and other creditors in distressed situations both in and out of court.
  • Cipher Digital Announces Business Updates; Secures Revolving Credit Facility of Up To $200 Million
    March 25, 2026
    Cipher announced the closing of a revolving credit facility (the “Facility”). The Facility provides for up to $200 million of committed capacity with an additional accordion option of up to $50 million. Proceeds from the Facility will be used to enhance liquidity, support working capital, and fund growth initiatives.
  • Core Scientific Expands Strategic Financing Facility to $1 Billion with Additional $500 Million Commitment from J.P. Morgan
    March 25, 2026
    Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific” or the “Company”), a leader in digital infrastructure for high-density colocation, today announced that it closed an additional $500 million commitment provided by JPMorgan Chase Bank, N.A. under the accordion feature of the Company’s previously announced 364-day credit facility (the “Facility”).
  • Papke Joins CohnReznick as Transaction Advisory Managing Director
    March 25, 2026
    CohnReznick, a leading professional services firm, today announced that Nicholas Papke has joined the firm as a Managing Director in its rapidly growing Transaction Advisory practice. Papke joins the firm with extensive deal experience, having led more than 100 transactional advisory engagements since 2020.
  • Modern Bank (MBG) Closes Strategic Energy RBL Facility in Texas
    March 25, 2026
    MBG is pleased announce the successful closing of an Energy Upstream Reserve-based Revolving Line of Credit for a Houston, TX-based E&P company. With MBG acting as Lead Arranger for this clubbed facility, this transaction delivered critical debt capital, supported by a strong consortium of accredited investors, enabling the Borrower to acquire primarily operated natural gas properties and proved reserves across multiple counties in South Texas.
  • Gordon Brothers to Bring Cleveland’s Iconic 925 Euclid Avenue Building to Market
    March 25, 2026
    Gordon Brothers, the global asset experts, has been retained to lead the sale of the 925 Euclid Avenue building, a historic landmark office known as the Huntington Building. It is nearly 1.5 million square feet in the heart of downtown Cleveland’s central business district.
  • Monroe Capital Supports Edustaff’s Acquisition of E-Therapy
    March 25, 2026
    Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of E-Therapy by Edustaff, LLC (“Edustaff”), an existing portfolio company of PPC Enterprises, LLC.
  • Sallyport Commercial Finance Provides $125,000 A/R Financing to Support Growth in Pet Services
    March 25, 2026
    Sallyport Commercial Finance is proud to announce the completion of a $125,000 accounts receivable financing facility for a Florida-based pet services company providing cremation services for pets.
  • CyrusOne Upsizes and Extends $8.0 Billion in Loan Facilities to Support Strategic Growth and Sustainability Goals While Strengthening Liquidity Position
    March 24, 2026
    CyrusOne, a leading global data center developer and operator, today announced it has upsized its Revolving Credit Facility (“RCF”) and U.S. Term Loan (“USTL”) to approximately $8.0 billion in aggregate commitments and extended the maturity dates of both facilities.
  • BrightNight Announces First Close of Upsized Corporate Credit Facility
    March 24, 2026
    BrightNight, a next-generation power and digital infrastructure company with a 30 GW national portfolio, today announced the successful first closing of its upsized corporate credit facility. The Corporate Facility provides a maximum total commitment of up to $850 million, including up to $550 million for letters of credit, up to $200 million for equipment deposits and limited notice to proceed facilities, and $100 million in revolving credit capacity.
  • Turn Therapeutics Secures Up to $25 Million in Financing From Avenue Capital Group
    March 24, 2026
    Turn Therapeutics, Inc. (Nasdaq: TTRX), a clinical-stage dermatology company developing novel therapies for inflammatory skin diseases, today announced it has entered into a growth capital loan facility with Avenue Venture Opportunities Fund II, L.P., a fund of Avenue Capital Group, for up to $25 million.
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